Amplitude (NASDAQ:AMPL) CEO Sells $2,275,500.00 in Stock

Amplitude, Inc. (NASDAQ:AMPL) CEO Spenser Skates sold 185,000 shares of Amplitude stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $12.30, for a total value of $2,275,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amplitude Stock Up 0.7%

Shares of AMPL opened at $13.47 on Thursday. Amplitude, Inc. has a twelve month low of $5.51 and a twelve month high of $14.76. The stock has a market cap of $1.36 billion, a PE ratio of -17.96 and a beta of 1.50. The business’s 50-day moving average price is $11.46 and its 200-day moving average price is $8.62.

Amplitude (NASDAQ:AMPL) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $100.89 million during the quarter, compared to analyst estimates of $98.16 million. Amplitude had a negative net margin of 26.59% and a negative return on equity of 42.62%. Amplitude has set its Q3 2026 guidance at 0.020-0.030 EPS and its FY 2026 guidance at 0.060-0.080 EPS. Analysts expect that Amplitude, Inc. will post -0.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMPL has been the subject of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Amplitude from $12.00 to $16.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Raymond James Financial started coverage on Amplitude in a research report on Tuesday, June 30th. They issued a “strong-buy” rating and a $10.00 price objective on the stock. DA Davidson lifted their price objective on Amplitude from $10.00 to $12.50 and gave the company a “buy” rating in a research note on Thursday, August 6th. BTIG Research boosted their target price on Amplitude from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, UBS Group upped their target price on Amplitude from $8.50 to $13.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $12.55.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMPL. TimesSquare Capital Management LLC raised its position in Amplitude by 22.9% during the fourth quarter. TimesSquare Capital Management LLC now owns 2,513,383 shares of the company’s stock valued at $29,105,000 after purchasing an additional 468,418 shares in the last quarter. Meros Investment Management LP boosted its holdings in shares of Amplitude by 12.6% in the 4th quarter. Meros Investment Management LP now owns 861,874 shares of the company’s stock worth $9,981,000 after purchasing an additional 96,779 shares in the last quarter. Gagnon Securities LLC increased its position in shares of Amplitude by 36.8% during the 4th quarter. Gagnon Securities LLC now owns 698,870 shares of the company’s stock valued at $8,093,000 after purchasing an additional 188,139 shares during the last quarter. Squarepoint Ops LLC increased its position in shares of Amplitude by 43.4% during the 2nd quarter. Squarepoint Ops LLC now owns 1,021,647 shares of the company’s stock valued at $7,816,000 after purchasing an additional 309,252 shares during the last quarter. Finally, UBS Group AG raised its holdings in shares of Amplitude by 173.8% during the 4th quarter. UBS Group AG now owns 544,805 shares of the company’s stock valued at $6,309,000 after buying an additional 345,813 shares in the last quarter. 73.20% of the stock is currently owned by hedge funds and other institutional investors.

Amplitude Company Profile

Amplitude, Inc (NASDAQ: AMPL) develops a digital analytics platform that helps companies understand how users interact with their websites, mobile applications and other digital products. Its software is designed to help organizations analyze customer behavior, identify opportunities for product improvement and support data-driven decision-making.

The company’s product offerings include Amplitude Analytics for behavioral and product analysis, along with tools for experimentation, session replay, customer data management and product performance monitoring.